USDMXN is in a recovery mode since Trump won the US election. But notice that bulls can be losing strength, so possibly that’s even an ending diagonal a.k.a. wedge pattern now that can come to an end. Well, with the recent news that tariffs for Mexico are delayed, Mexican Peso is recovering, so USDMXN pair can see a bearish reversal, especially if price manages to break 20.12 swing support. A reversal can then be strong and sharp.
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